The global Fatty Acid Methyl Ester (FAME) market size is predicted to grow from US$ 67330 million in 2025 to US$ 123110 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.
Fatty Acid Methyl Esters (FAME) are a class of compounds produced by the esterification reaction of fatty acids with methanol. Fatty acids are derived from biomass resources such as animal and vegetable fats, and waste cooking oil. FAME is the main component of biodiesel, offering advantages such as renewability, low pollution, and good combustion performance, making it considered an ideal alternative to traditional petroleum diesel.
The production and application of fatty acid methyl ester (FAME) are closely intertwined with the energy crisis, environmental pollution and the pursuit of sustainable development. Its history can be traced back to the end of the 19th century, scientists have found that vegetable oils and alcohols under the action of catalysts can be transesterification reaction to produce fatty acid esters, which laid the theoretical foundation for the birth of FAME. However, due to the cheap and abundant oil resources at the time, FAME was not taken seriously. Until the outbreak of the oil crisis in the 1970s, the global energy supply was tight, prompting people to re-examine the excessive dependence on fossil fuels and actively seek alternative energy sources. As a potential alternative fuel, biodiesel has re-entered people's vision, and FAME as the main component of biodiesel, its production has also begun to attract attention. Since the 1990s, with the increasing global awareness of environmental protection and the continuous progress of biodiesel technology, FAME's production and application have ushered in a period of rapid development. Especially in Europe, the government has introduced a series of policies to support the promotion and application of biodiesel, which has promoted the rapid expansion of FAME production scale. At the same time, FAME's production technology is also constantly innovated, from the initial acid-base catalytic method, gradually developed more efficient and environmentally friendly production methods such as biological enzyme method and supercritical method. The application of these new technologies not only improves the production efficiency of FAME, but also reduces the environmental pollution in the production process. FAME's raw material sources are also increasingly diversified, no longer limited to the original vegetable oil, but expanded to animal fat, waste oil and other biomass resources. This trend of diversification of raw materials, on the one hand, helps to reduce the production cost of FAME, on the other hand, also provides a new way to solve the problem of agricultural and industrial by-products, in line with the development concept of circular economy. Using waste oil and other by-products to produce FAME can not only turn waste into treasure, reduce environmental pollution, but also reduce the dependence on traditional vegetable oils and avoid food security problems caused by biodiesel production.
LP Information, Inc. (LPI) ' newest research report, the “Fatty Acid Methyl Ester (FAME) Industry Forecast” looks at past sales and reviews total world Fatty Acid Methyl Ester (FAME) sales in 2024, providing a comprehensive analysis by region and market sector of projected Fatty Acid Methyl Ester (FAME) sales for 2025 through 2031. With Fatty Acid Methyl Ester (FAME) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fatty Acid Methyl Ester (FAME) industry.
This Insight Report provides a comprehensive analysis of the global Fatty Acid Methyl Ester (FAME) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fatty Acid Methyl Ester (FAME) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fatty Acid Methyl Ester (FAME) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fatty Acid Methyl Ester (FAME) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fatty Acid Methyl Ester (FAME).
This report presents a comprehensive overview, market shares, and growth opportunities of Fatty Acid Methyl Ester (FAME) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vegetable Oil Raw Material
Abandoned Oil Raw Material
Animal Oil Raw Material
Segmentation by Application:
Biofuel
Plasticizer
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Renewable Energy Group (Chevron)
Cargill
Greenergy
Louis Dreyfus Company
Wilmar International
Renewable Biofuels (RBF)
Ag Processing Inc.
ADM
Verbio
Bunge
Argent Energy
Zhuoyue New Energy Development
Jiaao Enprotech Stock
Moeve
Hebei Jingu
Tangshan Jinlihai
Anhui Tianyi
Viterra
Shanghai Zhongqi
Shandong Fenghui
SARIA
Longhai Bioenergy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fatty Acid Methyl Ester (FAME) market?
What factors are driving Fatty Acid Methyl Ester (FAME) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fatty Acid Methyl Ester (FAME) market opportunities vary by end market size?
How does Fatty Acid Methyl Ester (FAME) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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